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Income Tax | Layered Loans Used to Acquire Promoters’ Shares Constitute Benami Transaction: SAFEMA

19 Sept 2026 · 1d agoBy CA Vijayakumar Shetty

SAFEMA Tribunal confirms benami share attachment where layered funds, dummy ownership and effective control established beneficial ownership under PBPT Act. The post Layered Loans Used to Acquire Promoters’ Shares Constitute Benami Transaction: SAFEMA appeared first on TaxGuru .

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